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Exposure to Chinese market boosts Intertek’s profits

The growth of the middle class in China has boosted profits for Intertek, the British company that tests products from toys to oil plants.

As the newly-rich become more prominent in emerging markets, sales of household items such as electronic gadgets and fridges increased, leading to more business for the FTSE 100 group.

Pre-tax profits increased by 19 per cent to £308.4m on a 17 per cent rise in sales to £2.54bn for the year to December 2012.

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